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NewsBTC 2021-09-30 09:42:25

4 Years of KuCoin: From a 7-Person Team to 8 Million Users Worldwide

The 4th anniversary marks a special moment for KuCoin. They’ve recently claimed at TechCrunch Disrupt 2021 that it intends to be the first and biggest social trading platform in the crypto sector. This couldn’t happen without the initial 7-person team finding a way to spearhead crypto adoption in 2013. Little did they know, KuCoin would become a global enterprise with over 600 employees and serve 8 million users in 207 countries. KuCoin started solely as a spot-crypto trading platform. It’s now morphed into a massively rich crypto ecosystem due to onboarding industry-standard services such as KuCoin Spotlight, KuCoin Futures, KuCoin Trading Bots, KuCoin Pool, KuCoin Labs, and more. This progress has led to $500 billion accumulated in trading volume and over 800 million transactions. How it all started KuCoin founder, Michael Gan was a tech expert for Alibaba Group’s Ant Financial. He first heard about Bitcoin when it was only $6 from his boss (and now co-founder), Eric Tang. Michael did what most people do when they recognize Bitcoin’s future potential – mine. After stacking BTCs, Michael decided to sell some on Mt.Gox as it had the most liquidity. He immediately noticed how challenging the platform was for newcomers and how it would be a problem for mass adoption. He subconsciously understood that blockchain tech can only change the world if the world knows how to use it. Michael and his friends saw their original thoughts on...

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